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Cypress Semiconductor Corporation Message Board

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  • village_idiot_mayor village_idiot_mayor Aug 3, 2012 5:47 PM Flag

    Why CY is down despite DOW up 200

    Hi---you cannot judge a company by looking at a "one day" result.

    Two things that are takeing CY down.

    #1-Their "order flow" from big customers has dwindled to a "drip" rather than "flowing" at a normal pace!

    #2-Their higher management has turned to "deception" to keep investors from selling their stock!

    CY is headed to low single digits----probably $2 to $3 dollars if not lower.

    This depression we are in is here to stay for some years to come--perhaps decades.

    I would not purchase any technology at this time---buy banks and homebuilders because those are the two sectors that the Federal Reserve and US Treasury seem to be supporting!

    Good Luck!!

    The Mayor of the Village Of Idiots! CBS/cbs

    Sentiment: Strong Sell

 
CY
10.2199+0.5499(+5.69%)3:54 PMEDT